Losses are decreasing, Alan Wake 2 has not yet broken even — main points from the Remedy report

Remedy Entertainment has released its report for the first half of 2024. Here are the highlights.

Alan Wake II: Night Springs

  • Compared to 2023, Remedy’s revenue grew by 33.7% to €21.1 million.
  • The company's operating losses significantly decreased. Over the year, they were reduced from €10.4 million to €5.3 million.
  • Royalties from game sales amounted to €2.7 million. Most of the revenue came from Control and Alan Wake Remastered.
  • Remedy still does not receive royalties from the sales of Alan Wake 2, but the game has covered most of its development and marketing costs.
  • The remake of the Max Payne duology and the Control spin-off under the working title Condor have moved into full development. Control 2 has moved to the production readiness stage.
  • Remedy has formed a team that will manage the company’s already released games.
  • As of June 30, 2024, Remedy employed 361 people. A year ago, there were fewer employees—347 people.

Source:

Remedy Entertainment
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